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ReadCloud Ltd. ( (AU:RCL) ) has shared an announcement.
ReadCloud Ltd. has announced significant growth and financial milestones, with 62 new schools joining their platform in 2025, bringing the total to 429 schools. The company achieved positive underlying EBITDA and operating cash flow in FY24, with revenue growth outpacing operating costs, and reported a cash balance of $3.5 million as of March 31, 2025.
More about ReadCloud Ltd.
ReadCloud Ltd. operates in the EdTech industry, providing eLearning software solutions to schools and educational institutions in Australia and internationally. Their primary products include the ReadCloudVET platform, which offers vocational education and training to over 14,000 students, and eBooks that deliver interactive digital content integrated with school management systems.
YTD Price Performance: 25.00%
Average Trading Volume: 185,916
Technical Sentiment Signal: Sell
Current Market Cap: A$15.26M
See more insights into RCL stock on TipRanks’ Stock Analysis page.